Argentina had won two World Cup (in 1978 and 1986) before Messi's debut, and had won about 14 Copa America titles. It took the national almost 40 years to win another trophy, fourty good years in 2022. Now despite all Messi's accomplishments since his debut, that is, 35 titles in 17 seasons, Messi also won his first major international title in 2021 which was the Copa America, taking 16 years into his career, and almost 17 years to add the World Cup trophy to his collection.
Now during his years of Int'l trophy drought he was heavily criticized even by Argentines, especially after missing the crucial PK in 2016.
Messi lost four international finals back to back, almost quit the team, and had to struggle to win his first Copa America and World Cup, but all of a sudden it was rigged for him? Be serious.
17 - Most shots on record (since 1966) at a single edition of the FIFA World Cup without creating a single chance for a teammate:
Cristiano Ronaldo, 17 (2026)
Alberto Garcia Aspe, 15 (1998)
Jerzy Gorgon, 13 (1974)
Katlego Mphela, 13 (2010)
Denis Cheryshev, 13 (2018)
Ego.
IFRS Fire-drill.
A company granted share options to its employees on 1st Feb with all the terms and vesting conditions known but the award is subject to a board approval which was obtained on 1st April. What is the grant date(GD) and when should expense recognition(ER) start?
A car, by its nature (form), is an item of PPE—a non-current asset reported in the Statement of Financial Position (Balance Sheet). However, under certain circumstances, the same car can be reported as an expense in the Statement of Profit or Loss (Income Statement).
For instance, if a company purchases a car as a loyalty gift for a customer, it would no longer be recorded as an asset (PPE) in the company's books. Instead, it would be recognized as an expense under promotions or business development costs, or any other related expense head.
This is because, although the car meets the definition of an asset by form, the substance of the transaction determines its proper accounting treatment. In accounting and finance, the substance of a transaction takes precedence over its legal form.
Thus, to ensure accuracy in double-entry postings and the reliability of financial statements, every accountant must have a solid understanding of the principle of Substance Over Form.
Meanwhile, under no circumstance will a car, which is an asset, ever become a liability.
Cheers,
#Iwelabi.
#DailyFnADose
Montiel… Argentina, champions of the world. Again. At last.
And the nation will tango all night long.
36 years since Maradona and Mexico.
Here finally is a nation’s new throng of immortals.
Scaloni will be fated. Messi will be sainted.
France this time denied, defied.
Lionel Messi has conquered his final peak.
Lionel Messi has shaken hands with paradise.
The little boy from Rosario, Santa Fe, has just pitched up in heaven.
He climbs into a galaxy of his own.
He has his crowning moment and, of course, he is not alone.
He was beautiful. He was the point of difference. He has always been the point of difference. Unparalleled.
And maybe today there will of course always be those who argue, always be those who debate.
And the debate can rage on if you like.
But he has rendered himself today… the greatest of all time.🥺